InsiderClue
Stocks · Industrials · Operative Builders

Meritage Homes CORP

MTH Clue Score48
United States Fiscal year ends December CIK 0000833079
$58.81 -3.00% Close, 9 Oct 2026
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Price $58.81 −40.34% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income149.5EPS, diluted3.55Fiscal year 2017Net income143.3 −4.2%EPS, diluted3.41Fiscal year 2018Net income227.3 +58.7%EPS, diluted5.58Fiscal year 2019Net income249.7 +9.8%EPS, diluted6.42Fiscal year 2020Net income423.5 +69.6%EPS, diluted11.00Fiscal year 2021Net income737.4 +74.1%EPS, diluted19.29Fiscal year 2022Net income992.2 +34.5%EPS, diluted13.37Fiscal year 2023Net income738.7 −25.5%EPS, diluted9.96Fiscal year 2024Net income786.2 +6.4%EPS, diluted10.72Fiscal year 2025Net income453.0 −42.4%EPS, diluted6.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 149.5 143.3 227.3 249.7 423.5 737.4 992.2 738.7 786.2 453.0
Growth −4.2% +58.7% +9.8% +69.6% +74.1% +34.5% −25.5% +6.4% −42.4%
EPS, diluted 3.55 3.41 5.58 6.42 11.00 19.29 13.37 9.96 10.72 6.35

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−103.4Capital expenditure−16.7Free cash flow−120.1Buybacks0.0Fiscal year 2017Operating cash flow−87.1Capital expenditure−18.1Free cash flow−105.2Buybacks0.0Fiscal year 2018Operating cash flow262.2Capital expenditure−33.4Free cash flow228.8Buybacks−100.0Fiscal year 2019Operating cash flow346.8Capital expenditure−24.4Free cash flow322.4 +40.9%Buybacks−16.0Fiscal year 2020Operating cash flow530.4Capital expenditure−19.9Free cash flow510.4 +58.3%Buybacks−69.6Fiscal year 2021Operating cash flow−152.1Capital expenditure−25.7Free cash flow−177.8 −134.8%Buybacks−61.0Dividends paid0.0Fiscal year 2022Operating cash flow405.3Capital expenditure−27.0Free cash flow378.3Buybacks−109.3Dividends paid0.0Fiscal year 2023Operating cash flow355.6Capital expenditure−38.2Free cash flow317.4 −16.1%Buybacks−59.1Dividends paid−39.5Fiscal year 2024Operating cash flow−227.6Capital expenditure−28.7Free cash flow−256.2 −180.7%Buybacks−125.9Dividends paid−108.6Fiscal year 2025Operating cash flow118.3Capital expenditure−25.7Free cash flow92.6Buybacks−295.0Dividends paid−121.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −103.4 −87.1 262.2 346.8 530.4 −152.1 405.3 355.6 −227.6 118.3
Capital expenditure −16.7 −18.1 −33.4 −24.4 −19.9 −25.7 −27.0 −38.2 −28.7 −25.7
Free cash flow −120.1 −105.2 228.8 322.4 510.4 −177.8 378.3 317.4 −256.2 92.6
Growth +40.9% +58.3% −134.8% −16.1% −180.7%
Buybacks 0.0 0.0 −100.0 −16.0 −69.6 −61.0 −109.3 −59.1 −125.9 −295.0
Dividends paid n/a n/a n/a n/a n/a 0.0 0.0 −39.5 −108.6 −121.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash131.7Shareholders’ equity1,421.5Fiscal year 2017Cash170.7Shareholders’ equity1,576.8Fiscal year 2018Cash311.5Shareholders’ equity1,720.8Fiscal year 2019Cash319.5Shareholders’ equity1,974.0Fiscal year 2020Cash745.6Shareholders’ equity2,347.9Fiscal year 2021Cash618.3Shareholders’ equity3,044.4Fiscal year 2022Cash861.6Shareholders’ equity3,949.6Fiscal year 2023Cash921.2Shareholders’ equity4,611.9Fiscal year 2024Cash651.6Shareholders’ equity5,141.6Fiscal year 2025Cash775.2Shareholders’ equity5,195.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 131.7 170.7 311.5 319.5 745.6 618.3 861.6 921.2 651.6 775.2
Shareholders’ equity 1,421.5 1,576.8 1,720.8 1,974.0 2,347.9 3,044.4 3,949.6 4,611.9 5,141.6 5,195.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Spending
31.4% 42.1% 19.7% 17.6% 20.6% 22.8% 23.0% 22.2% 21.6% 22.5%
Returns
10.5% 9.1% 13.2% 12.6% 18.0% 24.2% 25.1% 16.0% 15.3% 8.7%
5.2% 4.4% 6.8% 7.3% 11.0% 15.3% 17.2% 11.6% 11.0% 5.9%
Balance and payout
50.8% 51.5% 48.9% 41.9% 39.2% 36.7% 31.6% 27.4% 28.2% 31.8%
n/a n/a n/a n/a n/a 0.0% 0.0% 5.4% 13.8% 26.7%
n/a n/a 43.7% 5.0% 13.6% n/a 28.9% 31.1% n/a 449.5%